Managing General Partner Granite Hill Capital Partners

Shailesh Mehta

Dr. Mehta is Managing General Partner of Granite Hill Capital Partners, a Private Equity Fund targeted to invest in India. He also serves as the Chairman of the Board- First Source Solutions Ltd, a listed Mumbai stock exchange company.

Dr. Mehta is former Chairman of the Board and CEO of Providian Financial Corporation. When Dr. Mehta departed, Providian was $30 billion in assets and over 18 million customers. Dr. Mehta built Providian from just 80 employees to over 12,000 employees. Providian became a Fortune 500 company and was in the S&P 500. Most recently, Dr. Mehta has been a general partner with Invesco funds with over 7 billion under management(2004-2007).

Dr.Mehta also served as operating general partner of West Bridge Capital(2001-2004) (Now Sequoia India – with over $400 million under management). Dr. Mehta also served as president and COO of Capital Holding which was the 10th largest shareholder-owned insurance company in America. Prior to that, Dr. Mehta was Executive Vice President of Key Corp (formerly Ameritrust) (1973- 1986), a largest commercial bank in Ohio.

Dr.Mehta is on the board, as director of-

  • First Source Solutions Ltd- Chairman of the Board
  • Manappuram Financing and Leasing Ltd.
  • India Shelter
  • Aptus Housing
  • Vistaar Finance
  • Safari Industries Ltd
  • Account Now, Inc
  • All Services Under 1 Roof PVT.Ltd.
  • Arch Pharma Lab.

Dr. Mehta's prior board services include:

  • Providian Financial Corp.
  • MasterCard International, Inc.
  • PayPal Inc.
  • Hanover Direct, Inc.